News
Dalfen Hires SVP of Development and Construction
Sean Wood brings nearly 20 years of experience in the development and construction industry. He will focus on the company’s strategic deployment of capital.
Economy Watch Weekly: Job Growth Down in 2017
The U.S. economy created a total of 2.1 million jobs in 2017, which is down from last year’s total, according to the Bureau of Labor Statistics. Economy Editor Dees Stribling dives into the latest jobs report, for the week ending Jan. 5, 2018.
China-Based Investor Buys Retail in Colton, CA
Evergreen Devco has sold the newly constructed asset for $8.9 million. The sale closed with market-leading pricing for the Colton submarket, at a 5.5 percent cap rate.
Pacific Hospitality Sheds Disneyland-Area Hotel
The 376-key Wyndham Anaheim Garden Grove’s new owner plans to extensively renovate and reposition the asset under the Delta by Marriott flag.
Skanska Invests $58M in Poland Office Project
Offering 196,979 square feet across 16 stories, construction of Generation Park’s phase two began in December 2017 and is slated for completion in the the third quarter of 2019.
SL Green Names New COO
Since joining the firm 16 years ago, Edward Piccinich has held roles overseeing development, construction, management and capital underwriting within the company.
Tulfra Sells NJ Industrial Portfolio
NKF Capital Markets represented Tulfra in disposing four single-tenant, net-leased properties at 100 percent interest.
Phoenix-Area Office Building Welcomes 30 KSF Tenant
GrubHub will open its fourth location, in Chander. San Tan Tech Center was constructed in 1981 and underwent renovations less than a decade ago.
Entertainment Venue Opens at $350M AL Mixed-Use Development
Topgolf is the first tenant of the nation’s fourth largest commercial project underway. RCP Cos. is building MidCity in Huntsville, Ala.
Transwestern Hires Phoenix SVPs
Mark Stratz and Scott Baumgarten worked together at Cushman & Wakefield and have a combined track record of almost three decades.